Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Leo- Good find, thank you for the research. This explains everything nicely.
My only concern is that he was a non-exec director. Their role is to not contribute to the running of the company but act in an oversight capacity as a critical friend. To have one resign without more explanation is a concern. As you say the market is not bothered so it may well be he has new interests elsewhere and is rearranging his work. Once again, the current board needs to act quickly to dispel any doubts, otherwise we just provide fuel to the like of downigogo
Look folks, if CB wants to post on this board as an alter-ego pretending to be a de-ramper let him do so but do not give him too much attention. He is probably dropping hints about his retirement from the mining industry.
Thank you for all your comments on worst case. It is handy to keep things in perspective. We just need some drill and assay updates. Any chance ThisgoesdownIgo before you retire ?
De-Rampers aside, what is a reasonable worst case scenario for Racecourse/ Footrot/Ascot i.e no meteor strike wiping out humanity etc ? I am grateful for the very constructive comments on grades and possibilities and happy with progress so far but what could go wrong here ? e.g low to medium grades across Racecourse when the JORC is produced, Ascot being a dud .
I am a long term holder with over 30% of my portfolio invested in this.
Indeed, a good few days here. Let's see if this has momentum to now push on through the 2.02 barrier we were at in October. We are due at least a 4p dividend in next months results so that in itself is good news.
I do hope there is a nice RNS on Tuesday or Wednesday to sustain the latest surge otherwise that 'donwigo' chap will be back on predicting a slow fall.
Instead of or in addition to a no doubt upbeat interview, how about a nice RNS containing updates on Africa, drilling, assays and future plans for Phase 3 or a full JORC ? That would be a great way to cap the year.
I doubt there will be restrictions for several reasons, science and politics being two of them. Even if they do put some in the market realises they will be very short term in nature .
I cannot believe I am typing this but once again we are heading back to the 190p fence- maybe this time...
'You never count your money when you are sitting at the table' that is why I never celebrated too much when we finally jumped the 190p fence and then burst the 200p mark. I am hoping on good dividends of 4p per share in Feb. That is money you can bank on.
Thanks for the comments about the slide, I am in 30% of my overall holding and I have been here a while as can be seen by my history. I like the recent assay results and drill reports and cannot wait for a new JORC. My fear is a legacy of underdelivered promises from CB in the past. I do not doubt we own Kalengwa but where is the development, what are we getting for our money for example ?
Steve4077, my own research says BR is looking good but two weeks of falling SP makes one wonder ?
I have to admit, arguments about Kalengwa aside, I am a bit nervous about the current slide. I do hope we get some positive news soon. That said, even with good assay results, this barely moves. Will there be copper this Christmas ?
So these 10 million new shares effectively negate the buy back ?
The drilling extension is great news but will this need another round of fund raising via a dilution ? That is now a very key question. Still, all to good.
This news is great, almost too good to be true. No doubt this will fall by .1 tomorrow.
If it will be a cold harsh winter, I will need to sell out at 2.05 first and the hunker down and wait for spring like a sleeping bear.
The new fence indeed. Maybe we shall like the grass on this side or hanker for the old stuff on the other side . Fingers crossed we hit £2 soon. I bought the first part of my current holding at £2.05 the day after the 2017 election. Let's hit that again as the situation has improved since then.
Not the buyback, that has being going on a while now and is only small amounts in comparison. Perhaps a recognition that this should be £2 plus per share based on dividend payments alone.
The fence, the fence, beware the fence... Do my eyes deceive me or are we through ?